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Thursday, September 4, 2025

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Wirecard Scandal: Swiss Life fined SG$200,000 (US$149,000) for inadequate AML laundering and CTF controls

The Monetary Authority of Singapore fined Swiss Life and three banks for inadequate anti-money laundering and counter-terrorist financing controls, but found no evidence of willful misconduct.

Editorial team

June 22, 2023

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